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Topic: Gene Munster

Record 3.1 million Mac sales expected to kickoff 'Year of the Mac'

01/19/2010, 08:01 am

A strong holiday quarter, higher than expected Mac sales, and hype leading up to Apple's expected tablet unveiling next week are all expected to drive the company's stock to new heights, one Wall Street analyst said Monday.


As competition grows, Apple's iPhone still has App Store advantage

01/06/2010, 11:01 am

In the face of new competitors like Google's Nexus One, Apple's iPhone still has the advantage with more than 100,000 applications and 3 billion downloads from its App Store.


Piper: 15.8M US iPhone sales in 2010, even without Verizon

01/06/2010, 08:01 am

Apple is projected to sell 36 million iPhones worldwide in 2010, but Piper Jaffray concedes that total is likely conservative for international sales, and doesn't include the possibility of expansion to other carriers in the U.S.


Apple's Mac, iPod sales face favorable comps in early 2010

01/05/2010, 07:01 am

Apple's recently concluded December quarter is expected to produce blockbuster results for the company, and that momentum is forecast to carry into early 2010 with a favorable landscape.


Piper: Apple's next big iPhone feature is likely Verizon

12/09/2009, 03:12 pm

While some investors have expressed concern that Apple cannot continue its level of innovation attained thus far with the iPhone, one analyst believes the Verizon network will be the "next big feature" for Apple's handset.


Apple's recent stock drop not seen as cause for panic

12/08/2009, 03:12 pm

Though AAPL stock has dropped 8 percent in the last 10 trading days, it's no cause for concern over the Mac maker's shares, one Wall Street analyst has said.


Apple's Black Friday Mac in-store sales forecast to decrease [u]

11/30/2009, 07:11 am

Checks with Apple stores last week suggest that in-store 2009 Black Friday Mac sales could see a year-over-year decrease, though online sales will likely compensate for losses, according to a new report. [Updated]


Piper: Apple tablet no more than $700, launch timing irrelevant

11/19/2009, 09:11 am

Whether Apple's tablet launches in early or late 2010 is irrelevant, but a sale price of more than $700 could significantly reduce its potential sales, a new report has predicted.


Oct. estimates suggest Apple will sell 2.9M Macs this quarter

11/18/2009, 02:11 pm

Sales figures for the month of October show that Apple is on track to meet Wall Street expectations for its first financial quarter, which includes the busy holiday season.


Despite disappointing China debut, iPhone's 2010 predicted to be strong

11/03/2009, 12:11 pm

With only 5,000 new iPhone customers signed up at launch, Apple's official debut in China has been viewed as a disappointment. But one Wall Street analyst still believes the handset will still sell 36 million globally in 2010.


Apple's new iMacs viewed as boon for sagging desktop sales

10/21/2009, 08:10 am

While sales of portable machines saw tremendous growth during Apple's last financial quarter, desktop sales lagged behind. But the release of new iMacs this week is predicted to change that in a big way.


Apple stock seen poised to pop after record setting quarter

10/20/2009, 09:10 am

Wall Street analysts have raised their price targets for Apple stock yet again, after the company posted another recession defying blockbuster quarter with record Mac and iPhone sales.


Apple expected to report record sales of 2.8 million Macs

10/15/2009, 08:10 am

Apple is due to report its quarterly earnings on Monday, and the Mac maker is predicted to exceed Wall Street expectations with blockbuster Mac sales, according to two research notes released Thursday.


Interest in iPhone high as iPod, iTunes dominate teen market

10/06/2009, 08:10 pm

A majority of teens own an iPod, many use iTunes, and more than one in five intend to purchase an iPhone in the next six months, a new survey has found.


Accounting rule change expected to take effect for Apple soon

09/24/2009, 07:09 am

While Apple has until December of 2010 to implement new rules for reporting its earnings, a report predicts that Apple will adopt the changes by its next financial quarter.


Mac sales grow 7% as Apple projected to sell 2.8M in quarter

09/14/2009, 02:09 pm

Based on new sales figures from NPD Market Research, Apple is expected to slightly exceed Wall Street's consensus on Mac sales for the September quarter.


New rule could boost Apple's publicly reported earnings

09/14/2009, 12:09 pm

Apple's public accounting records could receive a significant boost, particularly in terms of iPhone profits, if a proposed rule change comes to pass.


Apple discounts 160GB Apple TV to $229, nixes 40GB

09/14/2009, 07:09 am

Apple this weekend discontinued the 40GB Apple TV and discounted the higher capacity model of its living room media player to $229.


Despite lack of surprises, Apple announcements seen as positive

09/10/2009, 08:09 am

Although Wednesday's iPod announcements were seen as a relative "non-event," analysts are still high on Apple stock, predicting that the hardware maker will continue to perform well in a down economy.


Apple predicted to sell 7M iPhones as 3GS availability improves

09/08/2009, 11:09 am

With supply of the iPhone 3GS finally catching up with strong demand from consumers, a new analysis predicts that Apple will sell 7 million phones during the September quarter.